China slows more, could the RBA minutes give the Aussie another hit?
NAB Morning Call
00:00
The Chinese Recovery Is Slow
The Chinese recovery started really well and then it has shown a significant sort of decline in particular in the last quarter. So there's a clear sign here that the animal spirit in China is becoming very subdued with the private investor as well, also not investing. People don't feel as well off as they seem probably coming down. Yeah, it's a wealth effect, isn't it?
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